RE:RE:RE:RE:The reason PIPE isn't buying on the NCIBEstevanOutsider wrote: Agree the SIB will be executed before the NCIB.
Also heard today that Paul Wanklyn is likely in his final days of CEO. Let's see.
How funny, the way pieces of info fall together.
Private Pipestone was owned/run by CNOR.
CNOR was run by the indian lady from local company for Riverstone & friends (Glaucus and some gentlemen from Arabia).
Riverstone was calling the shots.
Riverstone is a company that buys up good companies than cannot get money (Riverstone
may be the cause of that).
Wanklyn is a Riverstone man.
Riverstone builds up those cheaply bought companies and then divests of them again. Most of these companies end up on Riverstone's list of success stories.
Success, of course, by their definition, surely most of it altruistic and absolutely nothing to do with financial profit.
And then the Arabs threw a spanner in the works. Nasty surprise for Riverstone and start of all kinds of misery.
Riverstone may need Wanklyn for another job that they're lining up.
In case we get a surprise (for you and me alike) of a cheap sale of PIPE , go and look for any connection, however far removed, to Riverstone.
Please do some conspiracy thinking of your own and remember mrmomo's wise words concerning investing on the TSX.v
Riverstone formed by 2 former G-S bankers with startcapital of $32 billion. Huh?
Two ordinary guys and $32 billion, sounds reasonable (LOL).
Go ahead, have a look.
Never forget to check for a Dutch address. Just google "Riverstone Netherlands". For safety sake, I just did, easy hit. It's fun. Never mind the language, just look at it and consider.
The Netherlands is known as a tax haven. Clever Dutch, but EU is working on a change.
Look for the number of other companies at the same address. Again, use your imagination and
have fun.
PS.: How clueless can a righand be?
PPS.: In the Dutch registration, you'll find: "
Riverstone Netherlands BV is een bedrijf dat in handen is van een buitenlandse entiteit. De tophoudster in het buitenland van Riverstone Netherlands BV is: Riverstone Holdings LLC, gevestigd in Delaware 19801, Wilmingto in Ver. Staten van Amerika."
In case you're to lazy to translate it, that's up to you.